Cumulative Indian 2021/22 sugar production through April reached 34.24 MMT, up 14 percent YOY and up 23 percent from the five-year average.

India cumulative sugar production, seasonal comparison

Source: ISMA, McKeany-Flavell

On Apr. 8, ISMA updated its forecast for 2021/22 production to 35.0 MMT, based on assumed diversion of the equivalent of 3.4 MMT of feedstock and IP product to ethanol manufacturing.

Wholesale sugar pricing in April was up 3 percent from the previous month and up 5 percent YOY. In early May, pricing has been up half a percent from April and up 4 percent YOY.

India wholesale sugar pricing

Source: NIC, McKeany-Flavell
Posted by: Information Services
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